Russian Vice Prime Minister Alexander Novak announced the possible lifting of the ban on exporting AI-92 gasoline, depending on domestic supply. The initial ban, enforced in March 2024, aimed to prevent fuel price hikes. Experts argue that as demand drops, exports can resume, monitored by the government. Sergey Tereshkin, CEO of Open Oil Market, adds that delays in export removal could harm pricing incentives. Diesel fuel prices remain stable despite ...

Since the beginning of the year, the price of AI-98 gasoline has risen by 17%, significantly outpacing other types of fuel. What is driving this trend, and what does the OPEN OIL MARKET forecast for the future? A column by Sergey Tereshkin for RBC Companies. In the fuel market, there continues to be an accelerated increase in prices for AI-98 gasoline. While retail ...

Scientists worldwide have been reporting a decline in global reserves of carbon fuel for several consecutive years. This prompts a reconsideration of energy procurement from alternative sources. Major corporations are implementing investment projects across various countries. Frequently, these efforts are focused on several areas,...

... this measure is extreme and indicates that the market is operating under "manual regulation." The reasons for the rise in gasoline prices are consistently similar year after year, with minor variations such as drone attacks . Each year, as fuel prices at gas stations start to rise, discussions arise about the holiday season, which indicates increased demand, and about refinery maintenance, yet the situation remains unchanged. Since 2023, the export ban has been used regularly; however, ...

... implications of the 18th EU sanctions package for Russia. We analyze potential consequences for the economy, energy sector, and international relations. The European Union countries have approved the 18th sanctions package against Russia. As for the domestic fuel and energy complex (FEC), the new restrictions will apply to the Nord Stream gas pipelines and the Indian company Nayara Energy Limited. Additionally, tankers that Brussels deems part of the so-called "shadow" fleet of Russia will be added ...